CySEC issues a warning against Trident FX

Apparently the company’s website vanished since December, no sign of clients’ funds

Cypriot regulator CySEC has issued a warning against FX Trident 365 LTD which is the company behind Trident FX, stating that the entity has never been regulated by the Commission. According to the press release they have never been authorized to provide investment services from the regulator’s jurisdiction.

The website appears to be offline and no contact could be established on the phone numbers obtained from cached copies that we accessed.

However we did find an unnerving discussion topic on the Forexpeacearmy forum according to which the company has ceased operating sometime in the second half of December 2013. Several victims appear to have posted that they are unable to get in touch with the company and some forum members are urging everybody who has deposited with the company and unable to withdraw funds to file a complaint with CySEC.

There is an apparently unsupported Facebook page for TridentFX, the last post dates all the way back to March 2013. 

The regulator is urging investors to refrain from dealing with unregulated entities.

Following is a link to the complaints related to non-regulated entities on the CySEC’s website.

To see the CySEC warning against TridentFX click here.

To visit the forum topic mentioned in the article visit Forex Peace Army’s website.

For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

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